Post-Offer GPA Question for a BB FO Position vs. MM SA Position. Will SA Offer get Flagged/Rescinded?
I currently have an offer for a BB FO SA position (not IBD) however my GPA has been below their minimum of 3.2. I never lied about my GPA, since I did not put it on my resume and have told people what it actually is when asked. I must have networked well enough and shown enough in the interviews to receive the offer. Will this be a problem during background checks, potentially rescinded offer? Also alternatively I have an offer at a MM shop (same division) but they have no such GPA requirement and pretty sure the background check would pass smoothly.
Will this be an issue, should I opt for the MM offer instead or take the BB? Of course I prefer the BB offer but also rather have a job lol
This comes up so much on this site haha. Honestly if you didn’t lie at ANY POINT during the application process, I think you should be fine. Banks take people with gpas under their minimum
Good on you for not fudging your GPA and getting a great offer. You have nothing to worry about - Congrats!
You're all set :). Lying on your resume with false GPA information is grounds for having your offer rescinded. Excluding it and having it come up thereafter won't. I think you should go BB SA position. this way it should be comparatively easier when FT recruiting comes if you are looking to switch to IBD.
Congratulations in each case. That's a fantastic accomplishment in November. Now you have 6 months relatively free more or less :)
Thanks! Yeah it's nerve wreaking but hopefully it will be fine :)
I am in a similar situation. Have a 3.26 GPA and just received an offer for MM IBD. The job posting had a 3.4 GPA cutoff, as well as the offer letter mentioning the requirement of good academic standing and maintaining a 3.4 overall grade point average. Obviously, they didn't care throughout the process and I never lied on my GPA or during interviews. Should I have an issue when they conduct the background checks?
Vero iure explicabo sit. Velit accusamus et possimus. Non aut dolor unde voluptatem maiores pariatur labore. Repellendus illum expedita adipisci magnam cumque fugiat et. Autem animi molestias et voluptas. Libero corrupti quidem eaque velit quia qui suscipit labore. Deleniti occaecati enim voluptas quidem itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...